In David Crowe's "E-conveyancing faces resistance" (July 2) lawyers will not be likely to resist electronic conveyancing, but I'd be hugely surprised if they don't resist the system if the Council of Australian Governments meeting adopts the Victorian model, Electronic Conveyancing Victoria.
ECV is a system designed to satisfy every need of the Victorian land title authorities and not, as it should be, a system designed around the needs of the industry, including government, banks and lawyers. I have seen a demonstration of ECV and it failed lamentably to settle a discharge of mortgage (the simplest of all conveyancing transactions) during the 40 minutes or so of the demonstration.
As I understand it, some months after the launch of the actual system in Victoria, there have been no settlements. In other words, it's a legal dog. It should be set aside and a new start made. It is a system mired in the pride of its developers and wasted Victorian taxpayer funds. It is insensitive to the needs of its users and unacceptable to the majority, if not all, of the other states. Its appeal is that it exists and other systems are largely developmental.
We can only hope, for the sake of a more efficient national, property transfer system, that at COAG the government is prepared to fund NECS (the committee developing the National Electronic Conveyancing System) to enable the development of a platform that can be used more easily than the present manual system.
Letter to FinReview 4 July 08
Peter Rosier Annandale NSW
Friday, July 04, 2008
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